000 420, Seminole, TX 79360
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
000 420,Seminole, TX 79360
$792,000
- 160 Acres
- Lots / Land
- Active
Listed by: james friesen(806) 204-2187
Office: united country h5 auction & realty
MLS#:21116468
Source:GDAR
Price summary
- Price:$792,000
About this home
PRIME 160-ACRE IRRIGATED FARMLAND & DEVELOPMENT OPPORTUNITY – GAINES COUNTY, TEXAS
High-yield investment opportunity in West Texas agriculture and land development. This exceptional 160-acre irrigated farm near Seminole offers immediate cash flow from active wheat production plus significant upside potential through strategic subdivision.
Investment Highlights:
160 acres of income-producing irrigated farmland with active wheat production
Dual county road frontage – rare two-sided access maximizes development potential
Turnkey irrigation system in place
12 miles from Seminole
Subdivision potential: Divide into 10+ residential lots (10-acre minimum, subject to county approval)
Nearby land actively being subdivided – established buyer demand
Why This Property?
The surrounding area is experiencing active land subdivision with nearby properties successfully being divided and sold. This confirms strong market demand and provides comparable sales for development projects.
Multiple Exit Strategies:
Hold & Farm: Continue wheat production or lease to operators for steady income
Develop & Sell: Subdivide into 10-acre ranchettes following the proven model of nearby successful subdivisions
Land Bank: Appreciation play in West Texas corridor with demonstrated subdivision activity
Mixed Use: Develop portions while maintaining agricultural exemption on remainder
Key Investment Advantages:
Two-sided road frontage increases lot values and reduces development costs
Flat, buildable terrain minimizes site preparation expenses
Agricultural income offsets holding costs during development phase
Strong comps from nearby subdivisions validate pricing
Clean title with established boundaries
This is a rare opportunity to acquire productive farmland with legitimate subdivision potential where the development market is already proven. Multiple paths to profit with reduced market risk.
Contact an agent
Home facts
- Listing ID #:21116468
- Added:9 day(s) ago
- Updated:November 29, 2025 at 12:55 PM
Structure and exterior
- Lot area:160 Acres
Schools
- High school:Seminole
- Elementary school:Seminole
Finances and disclosures
- Price:$792,000
- Tax amount:$2,868
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 29, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.New listings near 000 420
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